Examples - Canadian Mode; Monthly Mortgage Payment - Calculated Industries 3420 Pocket Reference Manual

Professional residential real estate finance calculator with built-in canadian interest mode
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EXAMPLES —
CANADIAN MODE
See page 8 for instructions to return your
calculator to Canadian Mode if your calcu-
lator does not display the letters "CDN"
upon pressing the ˆ key. Or, if your cal-
culator was not reset, press s 9 until
the display reads "INT Cdn."
Note: For more examples, see your User's
Guide, or download it at www.calculated.com/
User_Guide_Index.

Monthly Mortgage Payment

Find the monthly payment on a 25-year
mortgage of $165,000 at 7.75% annual
interest.
STEPS
Clear
Enter Mtg.
Enter Term
Enter Interest 7 • 7 5 ˆ
Find Payment p
*Note: When entering or calculating interest in
Canadian Mode, the letters "CDN" will appear in
the upper left side of the calculator display.
P
KEYSTROKES
o o
1 6 5 ) l
2 5 T
R
OCKET
EFERENCE
165,000.00
G
— 14
UIDE
DISPLAY
0.00
25.00
7.75*
1,233.08

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